- 28 Mar 2019 03:49
#14996246
People give it value because other people give it value, there is an element of fashion to it, but the fundamentals drive it, even fiat money has some intrinsic advantages which grant it some credible value.
The solution to 1984 is 1973!
Potemkin wrote:Indeed, but I can't pay my bills with dead leaves I've gathered from my back garden. What is it that gives those specific bits of paper, plastic or base metal their value?
People give it value because other people give it value, there is an element of fashion to it, but the fundamentals drive it, even fiat money has some intrinsic advantages which grant it some credible value.
The solution to 1984 is 1973!